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A Driving Force Behind Today’s Hybrid Vehicle Technology

Paice has been at the forefront of hybrid technology for more than 20 years. Led by an innovative and experienced team of automotive veterans, Paice made its mark by discovering new ways to maximize fuel efficiency and reduce harmful emissions without sacrificing driving performance.

Paice signs licensing agreements with Honda, Ford
Honda and Ford are the latest industry leaders to license Paice’s hybrid vehicle technology. Paice has licensed its innovative technology to the world’s leading automakers, including Toyota, Ford, Honda, Hyundai/Kia and others. Read the history of Paice's licensing success.

Bloomberg highlights Paice and the power of “impact investing”
A recent article touts the importance of Abell Foundation’s $25 million investment in Paice LLC. Paice has signed a series of licensing agreements with leading car companies, paying big dividends for the Abell Foundation and the people it serves. Read the full story.

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Paice is a small American company that played a big role in the development of today’s hybrid vehicles. By developing hybrid technology before major automakers began to focus on the potential advantages associated with electrification of the powertrain, Paice's technology laid the foundation for cost effective hybrid vehicles that provide fuel efficiency and low emission levels. See how Paice laid the foundation for today’s hybrid vehicles.

Hybrid vehicles — which combine the use of an internal combustion engine and one or more electric motors to improve fuel efficiency — have never been more popular. The sale of hybrid vehicles continues to grow thanks to an expanding selection of vehicle choices and more competitive pricing. Learn more about hybrid electric vehicles.

Paice's inventions are considered among the most significant in the hybrid industry. An independent analysis of 58,000 hybrid vehicle patents found that Paice owned four of the Top 10 most influential hybrid vehicle patents in the world. That's more than Toyota and Ford combined. Read the Griffith Hack report.

Paice Technology Licensed by Toyota, Ford, Honda, Hyundai and others

Paice has licensed its hybrid vehicle technology portfolio to the many of most significant automakers in the world – Toyota, Ford, Honda, Hyundai/Kia and others – who collectively account for more than 80% of all hybrid vehicle sales in the United States.

Toyota, the undisputed leader of the hybrid industry, signed a licensing agreement with Paice in 2010. The global licensing agreement allows Toyota access to all Paice technology.

Hyundai and Kia signed a licensing agreement with Paice in 2015. The South Korean automakers have announced plans to triple the number of fuel-efficient cars they offer, and are rolling out up to five new eco-friendly cars by 2023.

Ford, which ranks second in U.S. hybrid car sales, signed a licensing agreement with Paice in 2018. The automaker has announced that it “is going all-in on hybrids” and plans to offer 40 hybrid and fully electric vehicles by 2022.

Honda, one of the world’s leading car companies, signed a licensing agreement with Paice in 2018. Honda has ramped up its investment in hybrid vehicles and plans to generate two-thirds of its global sales from electrified vehicles by 2030.

Paice also has an agreement with Volkswagen, Audi and Porsche related to its hybrid vehicle patents. The 2017 agreement resolved all legal issues related to Paice’s hybrid technology. Read the press release.

When Alex Severinsky came to the United States in the late 1970s, the nation was in the midst of an oil crisis and long lines for gas were commonplace. An electrical engineer, Alex began looking at alternative approaches to gasoline-powered engines and started developing ideas for a hybrid gasoline/electric powertrain that could reduce America’s dependence on oil. Years later, he founded Paice to turn that vision into reality.

Porsche has confirmed it will release a hybrid version of its Cayenne Coupe this year. Currently, the Coupe is available in a base, mid-range, and turbo model. Though details on the hybrid version have yet to be announced, Motor1 argues the Coupe will carry the same powertrain as the Cayenne’s E-Hybrid , and feature 455 hp with 516lb-ft of torque.…

According to a new report from Motor Authority, Audi will release plug-in hybrid versions of each of its “core” models. The first vehicle to get the plug-in treatment will be the Q5 55 TFSI e. The vehicle will feature a 2L turbocharged engine in combination with an electric motor and 7-speed automatic transmission, achieving a total system horsepower of 367…

Green Car Reports has published its monthly round-up of best deals on hybrid and electrified vehicles. For the month of May, the best deal on a hybrid vehicle is from Ford. The automaker is offering its Fusion Hybrid for $209/month to lease for thirty-six months with a little over $3000 due at signing. For the plug-in hybrid market, the Kira…

As it expands its hybrid lineup, Ford will launch a hybrid version of its Bronco SUV in 2020. Joel Stocksdale at Auto Blog posits that the electrified version of the Bronco will utilize the same hybrid unit that is in the Aviator hybrid, and Ford will likely launch a hybrid Ranger in the near future as well. The news of…